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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Joshua at 500 Alta Vista St, Joshua, TX, 76058 offers $3,155/mo rent that, after a $1,273/mo payment, leaves $1,306/mo cash flow. Total monthly income is $3,155/mo, and annual cash flow is $15,668/yr on $86,190 cash. Return on cash invested measures 38.09% in year one, and rental yield stands at 14.56% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 201.54% and total cumulative return in cash reaches $173,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,155/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 6,030 (71.7%) |
| Renter Occupied HU | 1,868 (22.2%) |
| Vacant Housing Units | 514 ( 6.1%) |
| Median Home Value | $317,351 |
| Average Home Value | $364,850 |
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Listed for sale | $260,000 |
| 2018-10-16 | Sold | N/A |
| 2018-09-27 | Pending sale | $154,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2188.27 | -32.52% | $152,797 | N/A |
| 2022-08-30 | $3242.78 | -2.64% | $152,797 | 3.61% |
| 2021-08-30 | $3330.63 | -7.31% | $147,478 | N/A |
Listed by: Ryan Studdard • Oak + Ash Realty
Mls Name: NTREIS
Mls ID: #20712532
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
